Eurogroup to approve Spanish banking sector bailout

Eurogroup to approve Spanish banking sector bailout


Eurogroup to approve Spanish banking sector bailout

Posted: 19 Jul 2012 11:53 PM PDT

BRUSSELS (Reuters) - Euro zone finance ministers are expected to approve an agreement on Friday to lend up to 100 billion euros to Spain so it can recapitalise its banks, but the exact size of the loan will probably only be determined in September.



Chinese court upholds Ai Weiwei tax fine

Posted: 19 Jul 2012 11:41 PM PDT

BEIJING (Reuters) - A Chinese court on Friday upheld a $2.4 million (1.5 million pounds) fine for tax evasion against the country's most famous dissident, Ai Weiwei, after barring him from attending the hearing, in a case that critics accuse Beijing of using to muzzle the outspoken artist.



Second blind activist escapes Chinese custody - rights group

Posted: 19 Jul 2012 11:33 PM PDT

HONG KONG (Reuters) - A second blind Chinese activist has escaped state custody, a Hong Kong human rights group said, three months after dissident Chen Guangcheng embarrassed Beijing's vast security network by breaking out of detention and obtaining U.S. protection.



China to investigate U.S., South Korean solar materials imports

Posted: 19 Jul 2012 11:30 PM PDT

BEIJING/HONG KONG (Reuters) - China will open investigations into imported U.S. and South Korean solar-grade polysilicon, the country's trade ministry said on Friday, in the latest instance of growing tensions between major solar manufacturers.



China to investigate U.S., South Korean solar materials imports

Posted: 19 Jul 2012 11:01 PM PDT

BEIJING/HONG KONG (Reuters) - China will open investigations into imported U.S. and South Korean solar-grade polysilicon, the country's trade ministry said on Friday, in the latest instance of growing tensions between major solar manufacturers.



VIDEO: The cost of modernising China

Posted: 19 Jul 2012 11:23 PM PDT

Vast swathes of China's cities have been knocked down to make way for new high rise housing and office blocks.


Motion calling for South Korean PM's resignation set for floor vote

Posted: 19 Jul 2012 11:27 PM PDT

South Korea's parliamentary speaker evoked his authority Friday to put a motion calling for the dismissal of the prime minister to a floor vote, local media reported.

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US whooping cough outbreak could be worst in half century

Posted: 19 Jul 2012 11:07 PM PDT

SEATTLE, July 20 — The number of US whooping cough cases has risen to around 18,000 in an outbreak that is on track to become the most severe in over a half century and could in part stem from possible waning vaccine protection, health officials said yesterday. Washington state, which declared an epidemic in April, and Wisconsin were particularly ...



Chinese court upholds Ai Weiwei tax fine

Posted: 19 Jul 2012 10:38 PM PDT

BEIJING, July 20 — A Chinese court today upheld a US$2 million (RM6.3 million) fine for tax evasion against the country's most famous dissident, Ai Weiwei, after baring him from attending the hearing, in a case that critics accuse Beijing of using to muzzle the outspoken artist. Ai had asked a Beijing court to overturn the city tax office's ...



Mongolia coalition takes shape, fans fears of resource nationalism

Posted: 19 Jul 2012 10:24 PM PDT

ULAN BATOR, July 20 — Mongolia's Democratic Party (DP), which failed to win enough seats in last month's elections to govern alone, has agreed to form a coalition with populist fringe parties in a move that could worry foreign investors, local media said. The broadly free-market DP won 31 of the 76 seats available in the June 28 poll, eight short ...



Obama on campaign trail stresses support for Israel

Posted: 19 Jul 2012 10:13 PM PDT

WEST PALM BEACH, Florida, July 20 — President Barack Obama cited the "ruthless" suicide bus attack in Bulgaria and upheaval in Syria as reasons to fortify support for Israel, telling a re-election campaign event in Florida yesterday he stood by Israel's side. Departing from his normal stump-speech themes of tax fairness, education and healthcare, ...



US House votes to appropriate US$606b for defence

Posted: 19 Jul 2012 07:02 PM PDT

WASHINGTON, July 20 — The House of Representatives yesterday approved US$606 billion (RM1.9 trillion) in defence spending for next year after two days of debate that had lawmakers from both parties line up to condemn the ongoing war in Afghanistan as a waste of lives and money. The Republican-dominated House voted 326-90 to approve the annual ...



Blurring the focus

Posted: 19 Jul 2012 10:42 PM PDT

The dams are overflowing with water, but there is no water in the tap. What is going on here?

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Two killed in Thai south as Ramadan starts

Posted: 19 Jul 2012 10:27 PM PDT

Two civilians were killed and four wounded in bomb and shooting attacks in southern Thailand, a military spokesman said Friday, as the region marked the start of the Islamic holy month of Ramadan.

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French crusader for gibbons in Borneo jungle

Posted: 19 Jul 2012 10:26 PM PDT

For 15 years Aurelien Brule has lived in the Indonesian jungle, crusading against palm oil multinationals, loggers and corruption in his bid to save endangered gibbons from annihilation.

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Thrill-seeking tourists take aim at West Bank range

Posted: 19 Jul 2012 10:18 PM PDT

Norman Solomon is a 65-year-old real estate agent from Los Angeles, a world away from the West Bank settlement firing range where he is spending the day learning to shoot a gun.

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Designer buggies: boy's toys for the 21st-century dad

Posted: 19 Jul 2012 10:16 PM PDT

Suspension: check. Steering: check. A man picking a new car? Almost. Baby buggies, reinvented as sleek, high-tech designer objects, have become boy's toys for a young generation of hands-on dads.

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Outlook for Malaysia's insurance sector positive

Posted: 19 Jul 2012 09:54 PM PDT

The outlook for the financial services industry, particularly in the insurance sector, is positive as Malaysia's increasing population and rising disposable income will result in more people requiring financial services.

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Court to decide Rais' committal proceedings against blogger

Posted: 19 Jul 2012 09:39 PM PDT

The High Court will decide on Aug 10 on committal proceedings filed by Information, Communications and Culture Minister Datuk Seri Dr Rais Yatim against a blogger for breaching a court order prohibiting him from continuing to publish defamatory articles on Rais in his blogsite.

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China to investigate U.S., South Korean solar materials imports

Posted: 19 Jul 2012 10:19 PM PDT

BEIJING (Reuters) - China will open investigations into imported U.S. and South Korean solar-grade polysilicon, the country's trade ministry said on Friday, in the latest instance of growing tensions between major solar manufacturers.



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